China's Caixin Manufacturing PMI improves to 51.4 in April vs. 51.0 expected

China's Caixin Manufacturing Purchasing Managers' Index (PMI) rose to 51.4 in April, compared to the expansion of 51.1 seen in March, according to the latest data released on Tuesday.

The reading beat the market forecast of 51.0 in the reported month.

In the last hour, China’s National Bureau of Statistics (NBS) released the country’s official Manufacturing Purchasing Managers' Index (PMI), which fell to 50.4 in April, compared with the 50.8 growth reported in March while beating the estimates of a 50.3 figure. The Non-Manufacturing PMI dipped to 51.2 in the same period vs. March’s 53.0.

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